C2X completed the investments in SunGas Renewables.

C2X, a green methanol production company, completed the investments in SunGas Renewables, a provider of a proven process technology and equipment for enabling the production of renewable fuels. Financial terms were not disclosed. “C2X’s significant leadership, project implementation, and financial capabilities, complemented by SunGas’ extensive experience in design, development, and operation of renewable energy projects, will enable large-scale production of reliable, affordable, and sustainable fuels and advance global decarbonization. We are grateful for GTI Energy’s expertise in decarbonization technologies and their role in our initial growth and spin-out, which enabled a partnership that will help us better serve customers relying on SunGas’ renewable technologies, products, and services," Robert Rigdon, SunGas CEO.